Mergermarket

🔎 Just released! Dive into our 1Q25 Global M&A Highlights report 👉 https://lnkd.in/g_sYqum8 Global M&A volume climbed 15.5% to USD 827bn in 1Q25, fuelled by five mega deals in March. However, deal count hit a two-decade low, with just 6,955 transactions announced. 📉 Key takeaways: 📈 Sponsor exits surged – exit volume jumped 49% to USD 131.3bn 🚀 Alphabet’s USD 32bn Wiz acquisition was Google parent's biggest deal event ⚡ Calpine’s USD 29.4bn sale propelled utilities to 3rd highest M&A volume in 1Q25 Explore the full report for more insights!

It was a real pleasure to be invited on CNBC this morning to talk tariffs, equites and IPOs. Its a wild market out there and despite the huge rally in the US yesterday we expect the IPO market to remain in stasis until there is some modicum of certainty around markets and the global economy.

A new risk is emerging for dealmakers planning transactions in Europe: local regulators are enforcing the Foreign Subsidies Regulation (FSR) more vigorously than expected. The European Commission and the European Court of Justice can also use the new powers ex officio, calling in deals that fall below the notification thresholds. On this episode of #Dealcast, Mergermarket’s new Brussels bureau chief Natalie McNelis joins host Julie-Anna Needham to explore how this shift could disrupt deal timelines, what to watch in upcoming reviews of Mars’ takeover of Kellanova and Prosus’ acquisition of Just Eat Takeaway, and more! 🎧 Listen to the full episode here: https://lnkd.in/eDdXTTdB

Europe’s battery energy storage systems (BESS) segment is expected to continue to see solid investor interest despite headwinds in the adjacent renewable energy market. BESS plays a central role in the green transition due to the intermittent nature of renewable energy sources, meaning that while the sun is shining or the wind is blowing, that energy needs to be captured and stored for later use. The global BESS market was estimated to be worth between USD 44bn and USD 55bn in 2023, which is forecast to increase to up to USD 150bn by 2030. More here: https://lnkd.in/eZTWfArA

📍Taking place in Tokyo and online on 24 June, the Mergermarket M&A Forum Japan (https://lnkd.in/gXptM4K4) brings together🌏650+ leading corporate investors, M&A advisors, and private equity fund managers for a day of discussions and networking. 📊Explore timely topics such as Japan’s evolving M&A landscape, mid-market growth strategies, cross-border deal trend and opportunities, the impact of shareholder activism, and more. 📢 Register now to secure your spot and take advantage of a 30% discount before this Friday, 11 April 👉 https://lnkd.in/gWR_Kzvi 📄Agenda is live: https://lnkd.in/dQ-RN3kQ #Japanmergers

📈 Our 1Q25 Financial Advisory Rankings are now available: https://lnkd.in/emyXHkHg Despite global uncertainty caused by US President Donald Trump’s hard-line stance on tariffs, there was an unexpected bump in global M&A values in 1Q25. This was driven by a surge of deals in March, which saw 95 announced transactions north of USD 1bn; a Chinese renaissance, as the government pumped money into state lenders; and an increasingly pervasive attitude that the current tariff-led market correction will pass. What was not surprising was the predictable trinity of financial advisors taking gold, silver and bronze for top deals by value, according to Mergermarket’s 1Q25 global and regional M&A rankings. Without breaking stride, Goldman Sachs continued its 2024 dominance into 1Q25, with deal values jumping almost 30% year-on-year (YoY) to USD 341bn. Both the second and third place winners – J.P. Morgan and Morgan Stanley – were flat YoY. Lazard, Centerview Partners, and Rothschild & Co were new entrants into the global top 10. Lazard posted an almost 90% spike in YoY value to USD 87bn, landing in seventh place; Centerview climbed 31% YoY to ninth, while Rothschild & Co ballooned 139% to tenth. Rounding out the top 10 were Citi (fourth), Barclays (fifth), Bank of America (sixth), and UBS Investment Banking (eighth), respectively.

Google’s USD 32bn all-cash bid for multi-cloud player Wiz could spark a new wave of tech M&A. The deal, Google’s largest-ever acquisition, also includes one of the tech industry’s most significant reverse termination fees. As AI, cloud computing, and cybersecurity start-ups attract more interest from major tech players, this acquisition will be a key test for US regulatory scrutiny. On this episode of #Dealcast, host Julie-Anna Needham is joined by our California-based tech journalist, Troy Hooper, to discuss why Google’s second bid for Wiz was successful and what this means for the broader M&A landscape. 🎧 Listen to the full episode here: https://lnkd.in/eDdXTTdB

How attractive is the data center sector for private equity firms? Neil Evans, Partner at Clifford Chance, sat down with Giovanni Amodeo to discuss the evolving landscape of private capital investments, with a focus on data centers. He shares why data centers are an exciting space for investors, highlighting their role in supporting AI-driven advancements and the broader digital economy. Watch the full conversation here: https://lnkd.in/evPnZ9Bf #IONInfluencers

Welcome, Priscilla Murphy! Priscilla has been a valued contractor with us since 2023, contributing both as a reporter and editor. Now, she’s stepping into a full-time position as a Financial Journalist, where she'll focus on expanding her reporting volume and editing. With over a decade of experience across Mergermarket, The Wall Street Journal, and Bloomberg News, Priscilla has reported and edited stories from Brazil, Chile, Mexico, and the US. She’s also worked in public relations for the Presidency of Brazil. We’re thrilled to have you join us full-time, Priscilla!

🎙️ Just released: In the wake of Trump's "liberation day," equity capital markets are feeling the strain of sweeping US tariffs. The blanket 10% tariff on all US imports is rattling global trading partners but will likely hit Americans the hardest - both in the markets and at the checkout. On the ECM front, global markets are spiralling, with European indices in the red and US markets on shaky ground. On the latest episode of #Dealcast, host Julie-Anna Needham is joined by Global ECM Editor Samuel Kerr to break down how these tariffs are shaping global markets. 🎧 Listen to the full episode here: https://lnkd.in/eDdXTTdB #Trump #Tariffs #LiberationDay #TradeWars